For April 4, Curve DAO Token Price Prediction: CRV/USD Moves Close to $1.10 Resistance

The Curve DAO Token price forecast suggests that CRV can generate further uptrends; it will be technically prepared to break over the $1.10 mark.

Curve DAO Token Prediction Statistics Data:

  • Curve pricing right now is $0.99. Curve DAO Token Prediction Statistics Data
  • Curve market capitalization: $750.8 million
  • 753.1 million are in circulation on the curve.
  • 1.9 billion on the supply curve
  • Curve 62nd place on Coinmarketcap

CRV/USD Market Important Levels

Levels of resistance: $1.20, $1.30, and $1.40

Levels of support: $0.75, $0.65, and $0.55

CRV/USD is advancing toward the upper edge of the channel after crossing above the 9-day and 21-day moving averages as the coin may begin another bullish run over $1.10. Before reaching $1.15, CRV/USD must, however, break beyond $1.10.

What to anticipate from Curve in terms of the price of its DAO tokens

As of this writing, the Curve DAO Token price is rising and the token is now trading at $0.99. The initial resistance mark might be at $1.05 and could be followed by $1.10 if the buyers keep pushing prices higher. Additional resistance, however, can possibly be present at $1.20, $1.30, and $1.40, respectively. On the other hand, if the Curve price drops below the channel’s lower edge, it may reach the first support level at $0.95.

The crucial support levels of $0.75, $0.65, and $0.55 may be reached below this by continuing to trade below the moving averages. While this is happening, the technical indicator Relative Strength Index (14) is moving to cross over the 60-level, which suggests that buyers are seeking to dominate the market’s momentum. This might also imply that another CRV signal is shortly to move toward the $1.20 level.

In comparison to Bitcoin, the daily chart reveals that the Curve price is crossing over the 9-day and 21-day moving averages to meet the channel’s upper border. However, if the coin holds above the moving averages for a while, there’s a chance that long-term gains will be more substantial. The 4000 SAT level is therefore the next resistance key above this one. If the cost keeps increasing, it may potentially surpass the 4300 SAT and above.

The support level of 3000 SAT may hold before rolling to the crucial support at 2700 SAT and below, but only if the bears gather their strength and push the currency below the bottom limit of the channel. More optimistic indications are being shown by the relative strength index (14) as it approaches crossing over the 50-level.

If the price gets close to the top border of the channel, the positive trend of the Curve Dao Token price may continue. Relative Strength Index (14) is a technical indicator that is now heading toward the 60-level and may offer optimistic indications to entice additional buyers into the market. To that end, the Love Hate Inu meme coin project will be of enormous use to renowned survey companies and several Web3-powered initiatives eager to produce reliable opinion results on subjects and issues across a variety of industries. Since about $3.5 million has been raised so far, the LHINU presale is still going on.

Alternatives to Curve

If the price gets close to the top border of the channel, the positive trend of the Curve Dao Token price may continue. Relative Strength Index (14) is a technical indicator that is now heading toward the 60-level and may offer optimistic indications to entice additional buyers into the market.

To that end, the Love Hate Inu meme coin project will be of enormous use to renowned survey companies and several Web3-powered initiatives eager to produce reliable opinion results on subjects and issues across a variety of industries. Since about $3.5 million has been raised so far, the LHINU presale is still going on.

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About the Author: Ismaïl

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